Compound Interest

Flashcard
•
Mathematics
•
11th - 12th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
$12,000 principal earning 4.8% compounded annually after 7 years.
Back
$16,661.35
2.
FLASHCARD QUESTION
Front
$5000 deposit earning 1.5% compounded quarterly after 3 years
Back
$5,229.70
3.
FLASHCARD QUESTION
Front
$13,500 deposit earning 3.3% compounded monthly after 1 year
Back
$13, 952.30
4.
FLASHCARD QUESTION
Front
$3400 principal earning 3.6% compounded annually after 2 years
Back
$3,649.21
5.
FLASHCARD QUESTION
Front
Your 6 year investment of $40,000 at 14% compounded quarterly is worth how much now?
Back
$91,333.14
6.
FLASHCARD QUESTION
Front
Your $54,200 2 year car loan is at 15.1% compounded annually. What will you have paid for your car after 2 years?
Back
$71,804.21
7.
FLASHCARD QUESTION
Front
An investment of $9,875 earns 4.8% interest compounded monthly over 12 years. How much interest is earned?
Back
$7,457.95
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